Oireachtas Joint and Select Committees
Wednesday, 6 December 2017
Committee on Budgetary Oversight
Fiscal Assessment Report: Irish Fiscal Advisory Council
2:00 pm
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I understand the point. I am obviously concerned about what is the best estimate of a hard Brexit. It is important that we know that. If organisations, such as IFAC and the ESRI, are coming forward telling us that the Department of Finance is underestimating a hard Brexit, and, as IFAC has pointed out, that the forecast scenario used by the Department has serious shortcomings, it is a concern because it is on Brexit today and it could be on something else tomorrow. Is there a willingness for the Department to take on board the concerns of IFAC or is the Department disputing those concerns?
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